Firefox Gold Strengthens its Exploration Team in Finland
Firefox Gold Strengthens its Exploration Team in Finland
VANCOUVER, BC – (January 25th, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to
announce two additions to its exploration team in Finland. Dr. Sven Ho nig joins the team as General Manager
of Exploration, responsible for executing the Company’s gold discovery strategy in Finland. Dr. Ho nig will
report directly to the President and CEO. Mikko Nenonen is the new Exploration Manager and will be leading
the Company’s exploration projects and reporting to Dr. Ho nig. Dr. Petri Peltonen, formerly the Exploration
Manager, will continue with the Company as a Technical Advisor.
FireFox CEO Carl Lo fberg commented, “We thank Petri for his many contributions to our progress in Lapland,
and we look forward to his continued input as part of our outstanding technical advisory team. We are pleased
to welcome Sven and Mikko, both of whom bring excellent technical skills and a commitment to discovery. Sven’s
structural geology skills will be a most welcome addition to our technical team.”
Dr. Ho nig brings more than 12 years of diverse international mineral exploration experience, most recently
as Senior Geologist for Kazzinc, a large-scale fully integrated producer of zinc, lead, copper and gold that is
69.7% held by Glencore. Sven has a strong background in structural geology and interpretation that he has
applied to a variety of deposit types, including orogenic and intrusion-related gold. He also spent time on
FireFox’s projects while working with GoldSpot Discoveries Corp. during a collaborative evaluation and
targeting exercise. Having acted as chief geologist, project manager and project geologist, he has participated
in all aspects of exploration, in projects ranging from grass roots to advanced stage. Sven is fluent in English,
Russian, Czech and Slovak. He holds a doctorate from Masaryk U niversity, Brno, Czech Republic, where he
studied mineralized subvolcanic systems. He is a fellow of the Society of Economic Geologists, the Society for
Geology Applied to Mineral Deposits, the Geological Society of London, and Czech Ass ociation of Economic
Geologists.
Mr. Nenonen adds a strong background in of all aspects of mineral exploration in Finland, particularly in the
Lapland region where FireFox is focusing its exploration efforts. Since 2018, Mikko has worked as a geologist
on a variety of gold, nickel -copper and vanadium projects for Magnus Minerals Ltd. (“Magnus”), a highly
successful private Finnish mineral prospect generator. Magnus provides technical services to FireFox, and as
such, Mikko has been a part-time project geologist to FireFox for over two years, managing many aspects of
both the exploration programs and stakeholder engagement. Prior to his work with Magnus, Mikko garnered
gold experience exploring the Kittila region of Lapland with Agnico Eagle Finland. Mikko is a native Finnish
speaker who is fluent in English and proficient in Swedish. He holds a Master of Science in Geology and
Mineralogy from the Faculty of Technology at the University of Oulu.
Corporate Update
In association with these appointments, FireFox also announces that the Board of Directors has approved the
grant of stock options to certain officers, employees , and consultants of the Company allowing for the
acquisition of up to, in the aggregate, 300,000 shares of the Company. The grant is pursuant and subject to
the terms and conditions of the Company's existing stock option plan. The options are exercisable at a price
of $0.205 per share for a period of five years from the date of grant and are subject to the approval of the TSX
Venture Exchange and all regulatory approvals.
About FireFox Gold Corp.
FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company
has been exploring for gold in Finland since 2017 where it holds a project portfolio that includes over 170,000
hectares of prospective ground.
Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top -10
rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining
tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted
its prospectivity, and FireFox is proud to have a Finland based CEO and technical team.
For more information, please refer to the Company’s website and profile on the SEDAR website at
www.sedar.com.
On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: [email protected]
Telephone: +1-778-244-8439
Forward Looking Statements
The information herein contains forward looking statements that are subject to a number of known and
unknown risks, uncertainties and other factors that may cause actual results to differ materially from those
anticipated in our forward-looking statements. Factors that could cause such differences include: changes in
world commodity markets, equity markets, the extent of work stoppage and economic impacts that may
result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in
government and changes to regulations affecting the mining industry.
Forward-looking statements in this release may include statements regarding: the current and future work
program, including the extent and nature of exploration to be conducted in 2020, as well as the planned
drilling meterage on the properties described. Although we believe the expectations reflected in our forward-
looking statements are reasonable, results may vary. The forward -looking statements contained herein
represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change
after such date. Readers should not place undue importance on forward-looking statements and should not
rely upon this information as of any other date. FireFox does not undertake to update this information at any
particular time except as required in accordance with applicable laws.